NOT LISTED FOR SALE

29 Horseshoe Way West Gardiner, ME 04345

Estimated Value: $309,000 - $354,000

1 Bed
1 Bath
600 Sq Ft
$543/Sq Ft Est. Value

Last Sold June 09, 2023

Last sale price $295,000 $492 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $2,055/month

2 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • Docks
  • Deck
  • 112 Feet of Waterfront
  • Home fronts a pond
  • Vaulted Ceiling

About This Home

As of June 2023

This year-round cottage is a true gem, offering an exceptional setting on the edge of Horseshoe Pond. With picturesque views and a tranquil atmosphere, it's the
perfect spot for anyone seeking a peaceful retreat. The cottage boasts 112 feet of gradual water frontage, which includes a lovely sandy area for swimming and a dock for your boat. Whether you're an avid fisherman or simply love to observe wildlife, this location is sure to impress, with eagles and loons regularly spotted in the area.
Despite its idyllic location, the cottage is just a few minutes from the highway, offering easy access to nearby amenities. The interior of the cottage is bright and sunny, with one bedroom and a cozy sleeping loft, as well as a living room featuring a sleeper sofa. The forced hot air heat ensures that you'll be comfortable no matter the season, making this property an ideal retreat for all-year-round use.
The large deck is perfect for entertaining, whether you're hosting a barbecue or simply relaxing with friends and family. And with the property coming fully furnished, you can move in and start enjoying all that it has to offer from day one. Spend your days exploring the water in a canoe or boat, fishing, or simply relaxing on the raft. In the evenings, gather around the fire pit and enjoy the peace and quiet of this beautiful location. Whether you're looking for a quiet retreat or an investment
property, this cottage is a fantastic opportunity.

Last Listed By

Manda Stewart

RE/MAX Infinity Listed on: 05/12/2023

RE/MAX Infinity

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,664

Year Built

  • Built in 1950

Lot Details

  • 10,454 Sq Ft Lot
  • Home fronts a pond
  • 112 Feet of Waterfront
  • Lake Front
  • Property fronts a private road
  • Dirt Road
  • Rural Setting
  • Level Lot
  • Open Lot
  • Property is zoned Shoreland

HOA Fees

  • $46 Monthly HOA Fees

Property Views

  • Water
  • Scenic Vista

Home Design

  • Cottage
  • Camp Architecture
  • Bungalow
  • Pillar, Post or Pier Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 600 Sq Ft Home
  • Vaulted Ceiling
  • Living Room
  • Dining Room
  • Loft
  • Electric Range

Flooring

  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 1 Bedroom
  • Main Floor Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Basement

  • Exterior Basement Entry
  • Crawl Space

Parking

  • Gravel Driveway
  • Off-Street Parking

Outdoor Features

  • Deeded Waterfront Access Rights
  • Deep Water Access
  • Docks
  • Deck
  • Shed

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Kerosene
  • Hot Water Heating System
  • Natural Gas Not Available
  • Private Water Source
  • Well
  • Electric Water Heater
  • Septic System
  • Private Sewer

Community Details

  • Horseshoe Way Subdivision

Listing and Financial Details

  • Assessor Parcel Number WESR-000000-000000-001550

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,664

Year Built

Built in 1950

Lot Details

0

HOA Fees

$46 per month

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.24
  • Road Frontage Type: Private
  • Road Surface Type: Gravel
  • Water Body Name: Horseshoe Pond
  • MLS Status: Closed
  • Subdivision Name: Horseshoe Way
  • Directions: From Route 126, turn on to the Bog Hill Road. Proceed for 0.3 of a mile and turn right on to Horseshoe Way. At the fork in the road, bear right and the property will be down the hill on the right.
  • Above Grade Finished Sq Ft: 600.0
  • Architectural Style: Camp, Cottage, Bungalow
  • Garage Yn: No
  • Year Built: 1950
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: Unknown
  • Property Information:Lot Size Acres -: 0.24
  • Property Information:Total Baths: 1.0
  • Property Information:SqFt Finished Above Grade: 600.0
  • Property Information:Garage: No
  • Site:Level: Yes
  • Site:Open: Yes
  • Water Info:Water Frontage2: Yes
  • Water Info:Water View2: Yes
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Forced Air: Yes
  • Heat System:Hot Water: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Electric Range: Yes
  • Appliances Included:Washer: Yes
  • Cooling:None3: Yes
  • Floors:Vinyl: Yes
  • Parking:Off Street: Yes
  • Electric:Circuit Breakers: Yes
  • Location Information:Association Fee: 550.0
  • Location Information:Fee Frequency Paid: Annually
  • Roads:Private: Yes
  • Exterior:Vinyl Siding: Yes
  • Water Heater:Electric2: Yes
  • Dining Room:Dining Room: Yes
  • Living Room:Living Room: Yes
  • Floors:Laminate: Yes
  • Style:Bungalow: Yes
  • Gas:No Gas: Yes
  • Basement:Crawl Space: Yes
  • Foundation Materials:PillarPostPier: Yes
  • Sewer:Private Sewer: Yes
  • Amenities:Laundry - 1st Floor: Yes
  • Property Information:Short Sale Continue to Show: No
  • Heat Fuel:K-1Kerosene: Yes
  • Location:Rural: Yes
  • Water Info:Waterfront Amount -: 112.0
  • Water Info:Water Frontage Owned -: 112.0
  • Recreational Water:Deeded: Yes
  • Style:Cottage: Yes
  • Water:Private2: Yes
  • Driveway:Gravel: Yes
  • Site:RollingSloping: Yes
  • Style:Camp: Yes
  • Sewer:Septic Existing on Site: Yes
  • Water:Well Existing on Site: Yes
  • Property Information:Bank Owned REO: No
  • View:Scenic: Yes
  • Transportation:Deep Water Access: Yes
  • Recreational Water:Dock: Yes
  • Room Features:Vaulted Ceiling29: Yes
  • Basement Entry:Exterior Only: Yes
  • Loft:Loft: Yes
  • Living Room Amenities:Vaulted Ceiling14: Yes
  • Other Structures:Shed: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Special Features: None

Interior Features

  • Appliances: Washer, Refrigerator, Electric Range, Dryer
  • Has Basement: Crawl Space, Exterior Only
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Fireplace: No
  • Interior Amenities: 1st Floor Bedroom, Other
  • Dining Room Dining Room Level: First
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First

Exterior Features

  • Lot Features: Level, Open Lot, Rolling Slope, Near Turnpike/Interstate, Rural
  • View: Scenic
  • Waterfront Features: Lake, Pond
  • Waterfront: Yes
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Pillar/Post/Pier
  • Other Structures: Shed(s)
  • Patio And Porch Features: Deck
  • Roof: Shingle
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: 1 - 4 Spaces, Gravel, Off Street

Utilities

  • Laundry Features: Laundry - 1st Floor, Main Level
  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Water, Forced Air
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Private Sewer, Septic Existing on Site
  • Utilities: Utilities On
  • Water Source: Private, Well

Condo/Co-op/Association

  • Association Fee: 550.0
  • Association Fee Frequency: Annually
  • Association: Yes
  • Pets Allowed: No Restrictions

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 10454.4
  • Parcel #: WESR-000000-000000-001550
  • Zoning: Shoreland

Tax Info

  • Tax Annual Amount: 1664.0
  • Tax Book Number: 14052
  • Tax Lot: N/A
  • Tax Map Number: N/A
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 12, 2023
Closed on
Jun 9, 2023
Sold by
Rogers Gilbert R and Rogers Heather R
Bought by
Granchelli Richard
Seller's Agent
Manda Stewart
RE/MAX Infinity
Buyer's Agent
Derek Goff Joseph Tomazin
Signature Homes Real Estate Group, LLC
List Price
$295,000
Sold Price
$295,000
Total Days on Market
2
Current Estimated Value
$325,791

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$30,791
Avg. Annual Appreciation
5.56%
Original Mortgage
$265,500
Outstanding Balance
$260,647
Interest Rate
6.43%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$66,102

Purchase Details

Listed on
Apr 27, 2021
Closed on
Jun 16, 2021
Sold by
Alberti Corey M and Alberti Stephen E
Bought by
Rogers Gilbert R and Rogers Heather R
Seller's Agent
Brian Rizzo
Rizzo Mattson
Buyer's Agent
Manda Stewart
RE/MAX Infinity
List Price
$249,900
Sold Price
$250,000
Premium/Discount to List
$100
0.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.72%
Original Mortgage
$200,000
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 26, 2005
Sold by
Lerette Stephen R
Bought by
Alberti Corey M and Alberti Stephen E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,000
Interest Rate
5.92%
Mortgage Type
Purchase Money Mortgage

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Granchelli Richard $295,000 None Available
Rogers Gilbert R -- None Available
Alberti Corey M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Granchelli Richard $265,500
Previous Owner Rogers Gilbert R $200,000
Previous Owner Alberti Corey M $105,000
Previous Owner Alberti Corey M $167,000
Previous Owner Alberti Corey M $23,481
Previous Owner Alberti Corey M $92,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/09/2023 06/09/23 Sold $295,000 0.0% $492 / Sq Ft
05/14/2023 05/14/23 Pending -- -- --
05/12/2023 05/12/23 For Sale $295,000 +18.0% $492 / Sq Ft
06/16/2021 06/16/21 Sold $250,000 0.0% $417 / Sq Ft
05/01/2021 05/01/21 Pending -- -- --
04/27/2021 04/27/21 For Sale $249,900 -- $417 / Sq Ft
Source: Maine Listings

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $2,333 $293,500 $62,500 $231,000
2023 $2,114 $261,000 $50,000 $211,000
2022 $1,664 $200,500 $50,000 $150,500
2021 $1,192 $125,500 $50,000 $75,500
2020 $1,238 $110,500 $50,000 $60,500
2019 $1,271 $110,500 $50,000 $60,500
2018 $1,315 $110,500 $50,000 $60,500
2017 $1,359 $110,500 $50,000 $60,500
2016 $1,326 $110,500 $50,000 $60,500
2013 $1,204 $110,500 $50,000 $60,500
Source: Public Records

Agents Affiliated with this Home

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Source: Maine Listings

MLS Number: 1558710

Maine Listings

APN: WESR-000000-000000-001550